Travers Smith Travers Defers Partner Distributions, But Keeps Furloughed Staff on Full Pay
The firm is the latest to implement measures to combat the fallout from the COVID-19 pandemic.
April 23, 2020 at 07:32 AM
3 minute read
Travers Smith has announced that it has reduced monthly drawings for all partners and is deferring partner profit distributions in response to the COVID-19 pandemic.
The firm added in a statement that it had furloughed "a small number of employees, principally those performing front of house, post room and hospitality roles which could no longer be performed as a result of the requirement to close the office".
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